Meaning of the word substitutability in English
What does substitutability mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.
substitutability
US /sʌb.stəˌtuː.t̬əˈbɪl.ə.t̬i/
UK /sʌb.stɪˌtjuː.təˈbɪl.ə.ti/
Noun
the quality of being interchangeable or replaceable by another item or element without loss of function or value
Example:
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The high substitutability of these components makes them easy to source.
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In economics, perfect substitutability means consumers are indifferent between two goods.
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